Private Equity: The Winds of Change Are Blowing In the World of Accounting Standards
2/28/2011
The International Accounting Standards Board ("IASB") and the Financial Accounting Standards Board ("FASB") are working towards accounting standards convergence.
What does this mean for you and your portfolio companies?
We are pleased to present you with you the March 2011 issue of J.H. Cohn's Private Equity Cohnnection and "The Winds of Change Are Blowing In the World of Accounting Standards," which discusses:
- The important differences to consider as the transition to IFRS approaches, including approach; inventory costing; impairments; property, plant, and equipment; lease accounting; and revenue recognition.
- The unique convergence issues that various stakeholders will need to consider. These stakeholders include owners, boards of directors, and audit committees; CEOs, CFOs, and strategic management teams; CFOs and finance teams; sales management; investor relations; human resources professionals; and IT management.
Click here
to read "The Winds of Change Are Blowing In the World of Accounting Standards."